Woman investing is a topic that has been recently gaining popularity.
As much as the authors writing about woman
investing would like it to be different from normal investing, there is really no difference.
Take it from Ms. Hetty Green. At the time of her death, she had
accumulated over $100 million dollars. In today's money, it is over
$2.5 billion dollars.
She is
richest woman at that time.
During
her lifetime, she multiplied her wealth many times.
With all of her wealth, she lived as frugal as a person
living just above minimum wage. It was said that she didn't have a
permanent residence. She was living in apartments that had very
low monthly rental fee, moving from place to place in New York City and
New Jersey.
15 cents meals ...
She often ate in the "Pie Alley" because the meal was
around just fifteen cents.
Her investment strategy is pretty
obvious. Value Investing.
It was said that she would buy large
amounts of cheap items if she come across such items. Then she
would store them and wait until people had pay a premium for them.
She would walk long distances just
to get something less expensive.
She had also spent hours searching for a lost
item that is just a few cents. Since she always wore black and cheap
dress, she was called "The Witch of Wall Street" for her many investments.
Therefore, successful woman investing is really just
value investing. How simple.
Just like value investing, successful woman investing
should involve looking for bargains.
Finally, we suggest every interested
reader on woman investing topic to go through a few pages to see that all
investment basics were meant for both man and woman alike.
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